Phreesia (NYSE:PHR) Receives New Coverage from Analysts at Wells Fargo & Co

Wells Fargo & Co began coverage on shares of Phreesia (NYSE:PHR) in a research note released on Monday, BenzingaRatingsTable reports. The firm issued an outperform rating and a $23.00 price objective on the stock.

Several other research analysts also recently weighed in on PHR. Chardan Capital initiated coverage on Phreesia in a research note on Tuesday, July 23rd. They issued a buy rating and a $33.00 price target for the company. William Blair initiated coverage on Phreesia in a research note on Monday. They issued an outperform rating for the company. Finally, Piper Jaffray Companies initiated coverage on Phreesia in a research note on Monday. They issued an overweight rating and a $33.00 price target for the company. Five investment analysts have rated the stock with a buy rating, The stock presently has an average rating of Buy and an average price target of $30.50.

PHR stock opened at $26.34 on Monday. Phreesia has a 1-year low of $23.00 and a 1-year high of $29.38.



In other news, major shareholder Ii L.P. Chv sold 335,767 shares of the stock in a transaction that occurred on Monday, July 22nd. The stock was sold at an average price of $18.00, for a total transaction of $6,043,806.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Scott Perricelli sold 743,388 shares of the stock in a transaction that occurred on Monday, July 22nd. The shares were sold at an average price of $18.00, for a total value of $13,380,984.00. The disclosure for this sale can be found here.

Phreesia Company Profile

Phreesia, Inc provides an integrated SaaS-based software and payment platform for the healthcare industry in the United States and Canada. The company's Phreesia Platform offers a suite of solutions to manage the patient intake process and an integrated payments solution for processing of patient payments.

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Analyst Recommendations for Phreesia (NYSE:PHR)

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